Ed Lopez
Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
I'd like to get other investors takes on these repair rates. 24 hours of labor seems excessive to me and $65 per hour seems excessive for non skilled labor.
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
I expect that I may have excessive damage on this home as well.
David B.
“Live In” Flip Advice!!
14 January 2025 | 10 replies
9) adding multiple ADUs or adding an ADU to a quad looses F/F conventional financing.
Arron Paulino
Potential Garage ADU
6 January 2025 | 5 replies
Rent control in the bay area can be extreme as many areas have rent control in excess of the state mandated rent controlIn general experience RE investors are not choosing to add a single ADU in single family zoned areas.
Sonja Revells
Can I get my EMD Back??
1 January 2025 | 12 replies
If those things did not occur, some regs may have been violated by licensees.Regarding marketable title, unless the "liens" were in excess of $255,000 IMO there would not be an argument that the seller could not deliver marketable title.
Bryan Zayac
Residential Development Costs
17 January 2025 | 2 replies
On one project we did we proposed 36 highway accesses and were denied as been excessive.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
21 January 2025 | 10 replies
The Only other deductions that I have right now are $154 for unpaid water bill, and $45 for the minor repairs mentioned (doorbell, blinds, shower).Questions for the group:Does $540 seem excessive for a cleaning charge, given the situation?
Victor Yang
Taking a small loss to save on taxes?
19 January 2025 | 7 replies
Obviously there are risks if I get laid off and would loose all the tax savings and be paying out of pocket for the property, but are there other things that I should consider?
Ryan Mcpherson
Rent out house and bleed for a while or sell it and hemorrhage once?
16 January 2025 | 23 replies
To rent the home, I would lose about $2,500 per month (based on comparable rents in my area, property management fees, etc).Both options loose the same amount by roughly 2 years, and by this time, I still will not have built up much more equity in the home to make selling it a break even unless there is price appreciation by then.My dilemma is this: I speculate that my home will not appreciate much in the next 3-5 years due to the rapid pace of development in the surrounding area.In 5-10+ years, maybe, but by then I'll have bled $150,000 - $300,000.I have thought about this a lot and feel that I mar'-too close to the problem to see the best solution.
Account Closed
Property managers allowed unsupervised showings, resulting in theft
17 January 2025 | 5 replies
There are several other issues (undisclosed maintenance markup fees, excessive charges to our account, significant reductions to agreed rent without communication, etc).